(vasep.com.vn) In first three
Compared to the same period of 2010, Baseafood reported a drop of 20 percent in export volume; however, its value increased considerably because the company sold seafood products at high price and kept high proportion of value added products in the export structure.
Currently, Baseafood is shipping seafood products to 40 countries in Europe, Asia and American. As it focused on processing value added products and find raw material supplies from outside the country, Baseafood could complete orders in time and gain more export revenue.
According to Mr. Dung, the majority of the company’s importers are interested in value added products including ready-to-eat products, frozen seafood and dried seafood like mixed seafood, frozen whole squid, octopus, dried bream, surimi, cuttle fish sashimi…
Since 2005, Baseafood has focused on distributing its products in the local market by pushing the proportion of domestic products in production structure from 2 percent to 22 percent. Baseafood processed and controlls its products based on international standards such as ISO standards, HACCP, Europe CODE, and others standards required by Japan and South Korea. Therefore, Baseafood products was popular with Vietnam consumers, bringing to the company a revenue of VND70 billion. “Strategy of Baseafood is to enhance consumption in both local and foreign markets in a view to set the percentage of domestic and export products at 30 percent and 70 percent, respectively,” said Nguyen Cong Huyen, Vice Director of Baseafood.
In recents years, global financial recession has had large impact onprocessing and trading operation of Baseafood. All its strategic markets were reducing orders, including Russia – the largest partner accounting for 35 percent of its revenue. In addition, all production costs like raw material, fuel, electricity, water were soaring up. Moreover, crucial competition in purchasing raw materials put the company into trouble. In such situation, Baseafood tried to overcome difficulties, keeping the company’s reputation with the motto “Professional – Dynamic – Developed Company”. Baseafood prioritize to expand domestic and foreign markets, as well as investing in new technologies for processing, satisfying requirements of customers.
Besides, the company also paid attention to improving living conditions for its staffs and workers by repairing 10 – 30 houses for poor workers, organizing trips and tours in holidays, particularly providing VND1.8 billion of loans to poor workers to help them out of poverty. Baseafood became one of 10 leading enterprises in Ba Ria – Vung Tau province and was awarded by the local People’s Committee on 13 October 2011.
(seafood.vasep.com.vn) The year 2025 marked a pivotal milestone for Vietnam’s seafood industry in its restructuring process toward sustainability, transparency, and higher value creation, amid continued uncertainties in the global economic and trade environment. Prolonged inflation in major economies, the rising trend of trade protectionism, and increasingly stringent requirements related to environmental standards, traceability, and social responsibility have posed significant challenges to seafood production and exports. Nevertheless, overcoming these pressures, Vietnam’s seafood sector has gradually demonstrated its adaptability, maintained growth momentum, and laid an important foundation for the next stage of development.
(seafood.vasep.com.vn) Amid the increasingly evident impacts of drought and saltwater intrusion, the shrimp-rice production model in Ca Mau province continues to prove itself as a viable direction, contributing to higher farmer incomes, improved soil conditions and the promotion of ecological and sustainable agricultural development.
(seafood.vasep.com.vn) The management of fishing vessels, monitoring of fishing activities, and handling of violations in the fisheries sector in Lam Dong province have continued to be implemented in a synchronized and stringent manner, contributing to raising awareness of legal compliance among fishermen and aiming to end illegal, unreported and unregulated (IUU) fishing.
(seafood.vasep.com.vn) Can Tho’s fishery industry sustained steady growth in 2025 with total aquatic and marine output reaching nearly 783,000 tons, fulfilling 100% of the annual target. Aquaculture, capture fisheries and fishing fleet management were further strengthened, aiming for sustainable development in the coming years.
(seafood.vasep.com.vn) In 2025, Vietnam’s pangasius export turnover reached nearly USD 2.2 billion, up 8% year-on-year. This result indicates that pangasius exports maintained their growth momentum despite significant volatility in the global market environment. In December 2025, pangasius export value reached USD 200 million, up 10% compared to December 2024. This solid performance in the final month of the year reflects increased import demand for consumption and inventory replenishment in key markets.
(seafood.vasep.com.vn) In 2025, Vietnam’s tuna exports to Spain experienced significant fluctuations. According to Vietnam Customs, during the first 11 months of 2025, export turnover for the first 11 months of the year edged up by 0.3% year-on-year, reaching nearly $15 million.
(seafood.vasep.com.vn) Deputy Prime Minister Bui Thanh Son has signed Decision No. 16/QD-TTg, dated January 5, 2026, approving the implementation plan for the Vietnam-Israel Free Trade Agreement (VIFTA). Under the plan, in the coming period, ministries, ministerial-level agencies, government-affiliated entities and People’s Committees of provinces and centrally-run cities must institutionalize and execute tasks focused on the dissemination of information regarding VIFTA and the Israeli market; legislative and institutional development, as well as enhancing competitiveness and human resource growth...
(seafood.vasep.com.vn) Beyond achieving double-digit growth, Vietnam’s fish cake and surimi exports are showing a notable year-end "inflection point": the EU his accelerating with nearly twofold growth, China & Hong Kong are rising sharply, while the largest market, South Korea, signaled a slowdown in November. According to Vietnam Customs data, export turnover of fish cake and surimi reached $327 million in the first 11 months of 2025, up 22% year-on-year; November 2025 alone accounted for $35 million, marking a 5% increase. This serves as a critical foundation for exporters to reassess market structures and competitive intensity while finalizing order strategies for 2026.
(seafood.vasep.com.vn) Ca Mau, widely regarded as the nation’s “shrimp capital”, continued its strong performance in 2025 as shrimp output reached nearly 600,000 tons, maintaining its position as Vietnam’s leading shrimp-producing locality.
(seafood.vasep.com.vn) On December 29, 2025, at the 2025 Pangasius Industry Review Conference held in Can Tho City, the Vietnam Pangasius Association announced that fingerling prices have surged to record levels due to acute supply shortages.
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